Glazer Capital LLC lessened its holdings in shares of TMT Acquisition Corp (NASDAQ:TMTC – Free Report) by 14.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 117,645 shares of the company’s stock after selling 19,767 shares during the period. Glazer Capital LLC owned approximately 1.45% of TMT Acquisition worth $1,291,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Gabelli Funds LLC bought a new stake in shares of TMT Acquisition in the fourth quarter valued at approximately $1,229,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in shares of TMT Acquisition in the fourth quarter valued at about $993,000. Oaktree Capital Management LP grew its position in TMT Acquisition by 133.3% during the fourth quarter. Oaktree Capital Management LP now owns 175,000 shares of the company’s stock worth $1,845,000 after buying an additional 100,000 shares in the last quarter. ADAR1 Capital Management LLC bought a new position in TMT Acquisition during the fourth quarter valued at about $530,000. Finally, Bulldog Investors LLP raised its holdings in TMT Acquisition by 19.0% in the 4th quarter. Bulldog Investors LLP now owns 118,291 shares of the company’s stock valued at $1,242,000 after acquiring an additional 18,914 shares in the last quarter. Institutional investors own 88.31% of the company’s stock.
TMT Acquisition Price Performance
Shares of NASDAQ:TMTC opened at $11.22 on Tuesday. TMT Acquisition Corp has a 1-year low of $10.43 and a 1-year high of $11.22. The business’s 50 day moving average is $11.11 and its 200-day moving average is $10.95.
TMT Acquisition Company Profile
TMT Acquisition Corp does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
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